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Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 318. (Read 1151252 times)

legendary
Activity: 1007
Merit: 1000
Thanks for quoting the posts before they were deleted. It's useful to see the various ways the people who are scared of provable fairness use to try to discredit it.

Did he remove his post or did the self-mod thread remove it?

o.0

I truly hope he chose to remove it on his own......

  I think he removed it on his own.  Just when I hit "post" the last time, I got a warning the quoted post was removed. 
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
Thanks for quoting the posts before they were deleted. It's useful to see the various ways the people who are scared of provable fairness use to try to discredit it.

Did he remove his post or did the self-mod thread remove it?

o.0

I truly hope he chose to remove it on his own......
legendary
Activity: 2940
Merit: 1333
I also don't see how you can offer any real proof of what goes on server side.

The real proof is provided using sha256 hashes. The site commits to a specific server-side secret before the player does anything by publishing the hash of that secret. Then the player picks their own client-side seed and both seeds are used to generate the rolls. When the player is done playing he is shown the server-side secret. The player can hash that secret and verify that its hash matches the hash he was shown back at the start.

Any programmer knows that "provably fair" could just be being controlled server side/behind the scenes by subroutines to concoct "provably fair" to the end user.

Not sure what you mean by that. I'm a programmer and I know that there's no way the server can cheat the player. I think the problem here is that either you don't understand how it works, or you do understand how it works but want to try to persuade others that it doesn't work for some reason. I've seen a few "traditional" casinos recently trying to tarnish the reputation of provable fairness so that they can justify refusing to adopt it.

Without any real transparency of what goes on in the server I don't know how you could prove anything.

The algorithm is public. The code isn't. The outputs of the algorithm are public. I think you're suggesting that there is some way we could be running code which implements a different algorithm but which gets the same results as the published algorithm? If so, would it matter? All we need to prove is that your rolls were predetermined, by you, in a way that we couldn't affect. And that's what we do prove.

It is a great idea though, and people seem to be falling for it. Smiley

I agree. It's an amazing innovation. For the first time it is possible for players to be mathematically guaranteed of a fair game. There's nothing to "fall for".

And where is the proof that the "server seed" wasn't just generated for you based on a specific result?

The site publishes the hash of the server seed before any play happens. ie. before any result. And before the player picks their own seed. That's the proof - because later the site publishes its server seed and the player verifies that the published server seed does in fact hash to the hash that was published in advance.

The only way the site could cheat the player would be if they could find multiple seeds which hash to the same thing, and as far as I am aware that has never been done. Finding hash collisions is meant to be very hard. And when that is no longer the case, new hash functions are developed to restore that property.

There is real no transparency of what goes on in the server,  to put it in layman's terms - the server shows you what it wants you to see.
I'm not going to argue this any further.

The server shows you what you need to see to verify that everything is fair, but doesn't show you enough for you to be able to cheat. How else would you have it?

Have you read the FAQ on Provably fair?  It explains exactly whats going on server side.  Once you know the server seed, you can sit down with a pencil and paper and calculate the rolls that should have been produced.

Thanks for quoting the posts before they were deleted. It's useful to see the various ways the people who are scared of provable fairness use to try to discredit it.
legendary
Activity: 2940
Merit: 1333
I am staking now for a few days, in 2 days from now I shoud receive my first reward. I am very curious/excited how much CLAM it will be  Grin

Note that staking is random, much like Bitcoin mining. If your expected time to find a block is 3 days and you go 2 days without finding one, it doesn't mean you will find one on the 3rd day. It just means that you have been unlucky. You don't make "progress" towards staking, and your expected time to find a block doesn't decrease over time.

The more CLAM I have, the faster it will stake?

The chance of each output staking is proportional to its value, yes.

According to my estimates, each 450 CLAM you have will stake about once per day. So if you have 100 CLAMs you can expect to stake every 4 or 5 days. And so on.
legendary
Activity: 2210
Merit: 1109
I am staking now for a few days, in 2 days from now I shoud receive my first reward. I am very curious/excited how much CLAM it will be  Grin

Block reward is 1 clam + the fees attached to that block.

I'd expect somewhere like 1 clam to 1.01.

Thanks for your answer. So reward is always 1 CLAM + fees. The more CLAM I have, the faster it will stake?
legendary
Activity: 2940
Merit: 1333
I got the latest qt wallet from ClamClient.com; it's been stuck on 26 weeks behind for close to 24h. Did I miss something? I got a list of nodes and added to a conf file and that doesn't seem to have made a difference. I had been using the staking pool at CoinWallet but figured a local wallet would be a better option.

EDIT: one of the nodes I added seems to have been the ticket, it's creeping along as we speak.

Version 1.4.16 added a dynamic peer list. It will automatically connect to the most reliable peers so you shouldn't need to copy/paste lists of IP addresses:

    https://github.com/nochowderforyou/clams/releases/tag/v1.4.16

And my bootstrap file here is usually no more than a few weeks old:

    https://bitcointalksearch.org/topic/m.9772191

That post also tells you where to find a series of partial bootstrap files, so you can download just the pieces for the blocks you're missing and stick them together yourself into a custom bootstrap file.
hero member
Activity: 616
Merit: 500
something something Bitcoin
I got the latest qt wallet from ClamClient.com; it's been stuck on 26 weeks behind for close to 24h. Did I miss something? I got a list of nodes and added to a conf file and that doesn't seem to have made a difference. I had been using the staking pool at CoinWallet but figured a local wallet would be a better option.
  You could try stopping and restarting, sometimes that get it going again, or you can go to the end of the op, and look for dooglus's bootstrap.  I'm hoping that's a good pointer to the latest bootstrap.  That should get you up to Monday I believe.  

Thanks for the tip on the latest bootstrap, the one I found was 6 months old. Also one of the recent nodes I added seems to have kicked it into gear.
legendary
Activity: 1007
Merit: 1000
I got the latest qt wallet from ClamClient.com; it's been stuck on 26 weeks behind for close to 24h. Did I miss something? I got a list of nodes and added to a conf file and that doesn't seem to have made a difference. I had been using the staking pool at CoinWallet but figured a local wallet would be a better option.
  You could try stopping and restarting, sometimes that get it going again, or you can go to the end of the op, and look for dooglus's bootstrap.  I'm hoping that's a good pointer to the latest bootstrap.  That should get you up to Monday I believe.  
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
I am staking now for a few days, in 2 days from now I shoud receive my first reward. I am very curious/excited how much CLAM it will be  Grin

Block reward is 1 clam + the fees attached to that block.

I'd expect somewhere like 1 clam to 1.01.
hero member
Activity: 616
Merit: 500
something something Bitcoin
I got the latest qt wallet from ClamClient.com; it's been stuck on 26 weeks behind for close to 24h. Did I miss something? I got a list of nodes and added to a conf file and that doesn't seem to have made a difference. I had been using the staking pool at CoinWallet but figured a local wallet would be a better option.

EDIT: one of the nodes I added seems to have been the ticket, it's creeping along as we speak.
legendary
Activity: 2210
Merit: 1109
I am staking now for a few days, in 2 days from now I shoud receive my first reward. I am very curious/excited how much CLAM it will be  Grin
legendary
Activity: 1007
Merit: 1000
Why are CLAM getting so much value?

There is a theory that demand driven by Just-Dice.com has caused the recent spike in the price of CLAM. Most of the CLAMs are in the Just-Dice bankroll, earning around 0.2% per day rather than sitting in sell orders on an exchange earning nothing. That means there's not much supply for people wanting to buy, and so the price tends to increase.

Doesn't that seem like its becoming too centralized around your site?  
Kind of defeats the purpose of a decentralized currency.. no?

I also don't see how you can offer any real proof of what goes on server side.  
Any programmer knows that "provably fair" could just be being controlled server side/behind the scenes by subroutines to concoct "provably fair" to the end user.
Without any real transparency of what goes on in the server I don't know how you could prove anything.

It is a great idea though, and people seem to be falling for it. Smiley





   Have you read the FAQ on Provably fair?  It explains exactly whats going on server side.  Once you know the server seed, you can sit down with a pencil and paper and calculate the rolls that should have been produced. 

 

And where is the proof that the "server seed" wasn't just generated for you based on a specific result?
There is real no transparency of what goes on in the server,  to put it in layman's terms - the server shows you what it wants you to see.
I'm not going to argue this any further.





   No argument.  I guess you just don't understand how it works.  I'll answer your question for others. 


Your given a Hash of the server seed, along with your client seed.   Once you've given up on a specific server seed, you are shown what it was.  You can then hash it to make sure it's the seed that would result in the hash you were given to start. 

   I'll admit I'm no expert on hashing algorithms, but I don't think it would be very easy to concoct a number that when hashed will generate the shown hash, plus result in the experienced rolls. 

   Unfortunately for the gamblers (of which I'm one) Math is a bitch....   
legendary
Activity: 1007
Merit: 1000
Why are CLAM getting so much value?

There is a theory that demand driven by Just-Dice.com has caused the recent spike in the price of CLAM. Most of the CLAMs are in the Just-Dice bankroll, earning around 0.2% per day rather than sitting in sell orders on an exchange earning nothing. That means there's not much supply for people wanting to buy, and so the price tends to increase.

Doesn't that seem like its becoming too centralized around your site?  
Kind of defeats the purpose of a decentralized currency.. no?

I also don't see how you can offer any real proof of what goes on server side.  
Any programmer knows that "provably fair" could just be being controlled server side/behind the scenes by subroutines to concoct "provably fair" to the end user.
Without any real transparency of what goes on in the server I don't know how you could prove anything.

It is a great idea though, and people seem to be falling for it. Smiley





   Have you read the FAQ on Provably fair?  It explains exactly whats going on server side.  Once you know the server seed, you can sit down with a pencil and paper and calculate the rolls that should have been produced. 

 
legendary
Activity: 2940
Merit: 1333
oh whatsa the story about just-dice ? Smiley
ivem ised all this but loving the coin! and admin really helpful - answers my dumb questions all the time he:)

iven ised? I can't begin to guess what you're trying to say there.

I've missed all this but loving the coin!

Oh, yeah. Duh.
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
oh whatsa the story about just-dice ? Smiley
ivem ised all this but loving the coin! and admin really helpful - answers my dumb questions all the time he:)

iven ised? I can't begin to guess what you're trying to say there.

I've missed all this but loving the coin!
legendary
Activity: 2940
Merit: 1333
oh whatsa the story about just-dice ? Smiley
ivem ised all this but loving the coin! and admin really helpful - answers my dumb questions all the time he:)

iven ised? I can't begin to guess what you're trying to say there.
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
Why are CLAM getting so much value?

There is a theory that demand driven by Just-Dice.com has caused the recent spike in the price of CLAM. Most of the CLAMs are in the Just-Dice bankroll, earning around 0.2% per day rather than sitting in sell orders on an exchange earning nothing. That means there's not much supply for people wanting to buy, and so the price tends to increase.

Thank you! Smiley

oh whatsa the story about just-dice ? Smiley
ivem ised all this but loving the coin! and admin really helpful - answers my dumb questions all the time he:)
hero member
Activity: 546
Merit: 500
LOL what you looking at?
Why are CLAM getting so much value?

There is a theory that demand driven by Just-Dice.com has caused the recent spike in the price of CLAM. Most of the CLAMs are in the Just-Dice bankroll, earning around 0.2% per day rather than sitting in sell orders on an exchange earning nothing. That means there's not much supply for people wanting to buy, and so the price tends to increase.

Thank you! Smiley
legendary
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.
Why are CLAM getting so much value?

There is a theory that demand driven by Just-Dice.com has caused the recent spike in the price of CLAM. Most of the CLAMs are in the Just-Dice bankroll, earning around 0.2% per day rather than sitting in sell orders on an exchange earning nothing. That means there's not much supply for people wanting to buy, and so the price tends to increase.

I'm waiting for the annoucement that CLAM changes name to Just-Dice-Coin.  Smiley
legendary
Activity: 2940
Merit: 1333
Why are CLAM getting so much value?

There is a theory that demand driven by Just-Dice.com has caused the recent spike in the price of CLAM. Most of the CLAMs are in the Just-Dice bankroll, earning around 0.2% per day rather than sitting in sell orders on an exchange earning nothing. That means there's not much supply for people wanting to buy, and so the price tends to increase.
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